Royal Academy of Engineering Enterprise Fellowships UK 2025

Are you a talented engineer with a groundbreaking idea that has the potential to disrupt the industry? The Royal Academy of Engineering Enterprise Fellowships might be the perfect springboard to turn your vision into reality. This prestigious program offers a unique opportunity for aspiring entrepreneurial engineers to develop their innovations into successful startups.

This program is designed to equip you with the skills, resources, and network you need to navigate the exciting yet challenging world of entrepreneurship. Keep reading to explore the eligibility criteria, application process, and the extensive benefits offered by the Royal Academy of Engineering Enterprise Fellowships.

The Royal Academy of Engineering Enterprise Fellowships is a twelve-month intensive program designed to support researchers, graduates, and international PhD students in transforming their engineering innovations into commercially viable startups or spinouts.

Scholarship Summary

Field	Detail
Level of Study	Postdoctoral
Institution(s)	Royal Academy of Engineering
Study in	UK
Opportunity Focus Areas	Engineering
Program Period	One year

Application Deadline

 | Stage 1 | August 29, 2024 (Opens in January) |

 | Stage 2 | October, 2024 |

Scholarship Coverage

Coverage Item	Description
Startup Funding Grant	Up to £75,000 equity-free startup funding grant
Business Mentoring and Coaching	Expert business mentoring and coaching
Business Training	15 days of business training
Membership of Equality, Diversity, and Inclusion Toolkit	Membership of the Equality, Diversity, and Inclusion toolkit
Access to Community	Access to the community of Hub Members, Academy Fellows, investors, industry experts, and partners
Flexible Working Space	Flexible working space at the Taylor Centre, the physical hub
Lifetime Hub Membership	Hub membership for life

Eligibility criteria

• Language and Countries: English language proficiency required; open to applicants from all countries.
• Supported Ventures:
  • Researchers looking to start a company from a university.
  • Recent graduates wanting to launch a startup.
  • International PhD students in the UK interested in starting a spinout or startup.
• Key Eligibility Factors:
  • Technology Readiness Level (TRL) of 4 or higher.
  • Equity investment in the business less than £500,000.
  • Protectable innovation with ownership or co-ownership of intellectual property (IP).
  • Highest equity stake held within the founding team.
  • Current or aspiring CEO/COO role.
• Additional Requirements:
  • For startups: Not a student or employed elsewhere during the program; completed first university degree by July 1, 2018.
  • For spinouts: Currently employed by the university.
  • Relevant PhD viva conducted by November 30, 2023.
• Important Note: Applicants should review the full eligibility criteria before applying.

How to Apply?

You can apply by following steps:

Registration

1. Visit the Royal Academy of Engineering Enterprise Fellowships program webpage.
2. Register with the online grant system here

Application Process

The application process consists of two stages:

Stage One: Eligibility Screening (60 minutes)

• Briefly describe yourself and your engineering innovation.
• This stage assesses whether you meet the program’s eligibility criteria and if your idea aligns with the program’s goals.

Stage Two: Detailed Application (1-3 days)

• If you pass Stage One, you will be invited to complete a more in-depth application.
• Provide detailed information about yourself, your team (if applicable), the technology behind your innovation, and your business model.
• This stage focuses on your idea’s strength and entrepreneurial potential.
• A panel of experts will review your Stage Two application.
• If shortlisted, you will be invited for an interview.

Due to high application volume, feedback on Stage Two applications is unavailable until the selection process is complete. If you have any questions, please email the Enterprise team. 

Website

To know more about Enterprise Fellowships – Royal Academy of Engineering, please visit the official website

Official Website